Muss Development Leases Office Space At 335 Adams St, Brooklyn, NY
335 Adams St, New York, NY, 11201
Building Size
64,340 SF
Asset Type
Office
Closing
Nov 16, 2017
About this deal
AI
The office property located at 335 Adams St, New York, NY, 11201 in Brooklyn, spanning 64,340 square feet, was leased on November 16, 2017. The landlord, Muss Development, was represented by Ross Spitalnick in this transaction.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Address: 335 Adams St, New York, NY, 11201
- Market: Brooklyn
- Landlord: Muss Development
- Square Feet: 64,340
- Landlord's Representative: Ross Spitalnick
The lease deal at 335 Adams St involved Muss Development as the landlord, with representation from Ross Spitalnick. The transaction showcased a strategic move in the Brooklyn office market, demonstrating the continued interest and activity in the area's commercial real estate sector.
On the Map
Office
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93